What are Butterfly Network's profit margins?

Butterfly Network (BFLY) runs a 49.2% gross margin and a -79.5% operating margin, with a -73.6% net margin.

Where do Butterfly Network's ratios come from?

Every ratio is computed from Butterfly Network's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Butterfly Network BFLY Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	49.2%+2.4pp	46.9%+3.6pp	43.2%—	——	——
Operating margin	-79.5%+9.0pp	-88.5%+9.8pp	-98.4%-19.4pp	-79%+3.1pp	-82.1%+8.6pp
Net margin	-73.6%+5.3pp	-79%+11.4pp	-90.3%-18.5pp	-71.8%+3.8pp	-75.6%+12.8pp
Returns
Return on equity	-35.2%+7.1pp	-42.2%-0.8pp	-41.4%-12.0pp	-29.4%-0.3pp	-29.2%+8.1pp
Return on invested capital	-95.3%+12.2pp	-107.5%-13.0pp	-94.6%-30.1pp	-64.5%+1.1pp	-65.5%+6.9pp
Efficiency
Asset turnover	0.3×0.0×	0.4×0.0×	0.3×0.0×	0.3×0.0×	0.3×0.0×
Liquidity
Current ratio	4×+0.2×	3.8×-1.0×	4.8×-0.9×	5.7×-0.4×	6.1×+2.1×
Leverage
Debt-to-equity	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Per Share
Book value per share	$0.75-6.0%	$0.79-1.9%	$0.81-13.7%	$0.94-8.1%	$1.02+27.9%
Valuation
Market capitalization	$1.03B+7.2%	$959.89M+97.6%	$485.86M-2.3%	$497.05M-10.3%	$553.86M-16.7%
Price / sales	10×+0.2×	9.8×+4.3×	5.5×-0.2×	5.7×-0.8×	6.5×-1.6×
Price / book	5.4×+0.5×	4.9×+2.5×	2.4×+0.2×	2.1×-0.2×	2.3×-1.6×

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about Butterfly Network.

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

What are Butterfly Network's profit margins?: Butterfly Network (BFLY) runs a 49.2% gross margin and a -79.5% operating margin, with a -73.6% net margin.
Where do Butterfly Network's ratios come from?: Every ratio is computed from Butterfly Network's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.